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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Comment by 15Stanmoreon Nov 30, 2020 12:00pm
189 Views
Post# 32000788

RE:TMR - nice play for the Management.

RE:TMR - nice play for the Management.Hello Goldtrader.

Assuming what you say is true, with the Board and senior management prepared to ignore their fiduciary duties, then they will likely agree to an extension to the February 8, 2021 drop dead date without any additional compensation to existing shareholders.

Given the 6 month delay in the receipt of the $1.75 promised, there needs to be some recognition of the opportunity cost we have suffered, and the gains made by SD Gold. For teh Board and Management to not address this obvious discrepancy would be, in my opinion, clear evidence of their breeched fiduciary responsibilities and can be charaterized as oppressive action against existing shareholders.

Then we would have a class action in the making for sure.
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